Write a paper discussing the origins and impacts of economic
globalization. Make sure to address all of the following points in your
paper:
1.Explain the law of comparative advantage and classical trade theory
from a historical perspective utilizing the works of Adam Smith, David
Ricardo, and Richard Cobden.
2.Explain the historical context and core principles of
the World Trade Organization (WTO).
3.Explain how comparative advantage and classical trade theory relates
to the WTO.
4.Explain the arguments for and against the WTO.
5.Explain the impacts of free trade on the developing world in terms of
minimum standards of living, the environment, democracy, and national
sovereignty.
6.Explain the impacts of free trade on the developing world in terms of
the environment.
7.Explain the impacts of free trade on the developing world in terms of
democracy and national sovereignty.
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